El duderino_
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BTC + Crossfit, living life.
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November 14, 2018, 09:19:52 PM |
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But we have run out of toilet paper. And we have a very grody bathrobe. Take that thing off, willya? It stinks! What with shit all over it and everything. theres a moment in that scene that goes like : NOW i SAY : obviously you didn't saw the lebowski movie AND GOT THAT BATHROBE TATTOOED ON MY ARM ITS NOT THAT BAD
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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November 14, 2018, 09:25:32 PM |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. Believe it when we see it. How's 2/3 of the network - up from considerable minority days ago. https://cash.coin.dance/blocks/todayOh too late! You didn't close your eyes fast enough. There is none so blind as he who refuses to see.
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Torque
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November 14, 2018, 09:25:45 PM |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. Nah, that name's been taken. BCash DEF? BCash XYZ? BCash 123? BCash Phoenix? BCash SS (Slim Shady... get it?) But then what if that too gets forked? Oh noes...it could go on, and on, and on, and...
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aaroque2003
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Activity: 188
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November 14, 2018, 09:28:16 PM |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. Nah, that name's been taken. BCash DEF? BCash XYZ? BCash 123? BCash Phoenix? BCash SS (Slim Shady... get it?) But then what if that too gets forked? Oh noes...it could go on, and on, and on, and... BCash Phoenix.. LOL ..
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aaroque2003
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November 14, 2018, 09:28:59 PM |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. Believe it when we see it. How's 2/3 of the network - up from considerable minority days ago. https://cash.coin.dance/blocks/todayOh too late! You didn't close your eyes fast enough. There is none so blind as he who refuses to see. INDEED... !!!!!!!!! Perfectly explained and very well said Sir... Thank u..
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El duderino_
Legendary
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Activity: 2576
Merit: 12546
BTC + Crossfit, living life.
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November 14, 2018, 09:30:47 PM |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. just bcash its all the same and when its there nobody will know or notice its there
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Dig Bicks
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November 14, 2018, 09:30:53 PM |
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jbreher
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lose: unfind ... loose: untight
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November 14, 2018, 09:31:18 PM |
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So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
This is crypto. Hash power is The Power. "They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism." - SN, Bitcoin: A Peer-to-Peer Electronic Cash SystemSo much for decentralization. Ah, yes. 'Decentralization'. A means to an end that many have confused with the ultimate end. And a term that appears exactly zero times in aforementioned white paper. That's ridiculous. Now decentralization is not important? That's not what I said at all. What I am trying to say is that decentralization is not the holy grail. Decentralization is merely a means to an end. Decentralization is valuable only in that it serves the ability to transact in a permissionless trustless manner. Seems like bitcoin's pow is of central importance in bitcoin
Absolutely. A principle that has never been tested in practice. A principle that is seemingly about to be demonstrated conclusively.
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Topbanker
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November 14, 2018, 09:31:40 PM |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. Nah, that name's been taken. BCash DEF? BCash XYZ? BCash 123? BCash Phoenix? BCash SS (Slim Shady... get it?) But then what if that too gets forked? Oh noes...it could go on, and on, and on, and... BCash Phoenix.. LOL .. I believe BTrash i still open.
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JayJuanGee
Legendary
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Activity: 3780
Merit: 10533
Self-Custody is a right. Say no to"Non-custodial"
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November 14, 2018, 09:32:17 PM |
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I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?
It's hard to have "digital cash" without fungibility. So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash? Yes, mostly useless. What do you think? I think bitcoin has already proven itself to be useful as cash. Bitcoin has also already proven itself to be useful to the FBI and IRS in helping them track transactions. I'll just say that if I wanted to hide money from the tax authorities, buy contraband without physical cash, or just keep my economic activity private, I'd be using Monero. Yeah... tell the whole fucking world. You know everyone reads this thread, and wants to know what you are doing. Right? There goes your Opsec. Sucks to be you.
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infofront (OP)
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Shitcoin Minimalist
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November 14, 2018, 09:32:28 PM |
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I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?
It's hard to have "digital cash" without fungibility. So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash? Yes, mostly useless. What do you think? I think bitcoin has already proven itself to be useful as cash. Bitcoin has also already proven itself to be useful to the FBI and IRS in helping them track transactions. I'll just say that if I wanted to hide money from the tax authorities, buy contraband without physical cash, or just keep my economic activity private, I'd be using Monero. Agreed. So make the case that requirement is part of 'satoshi's vision'. Fungibility is a fundamental and desirable property of cash - even electronic cash. If Satoshi's vision was "electronic cash", we cannot have that with a completely transparent, public blockchain and non-fungible units of currency. Not bad. However... Fungibility is not a binary property. It is a sliding scale. USD are not perfectly fungible. Is USD -- even in tangible form -- not cash? Physical USD is fungible enough for most intents, and beats BTC in that area. (BTW I just deleted your double post)
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bitserve
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Activity: 1820
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Self made HODLER ✓
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November 14, 2018, 09:32:46 PM |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. Believe it when we see it. How's 2/3 of the network - up from considerable minority days ago. https://cash.coin.dance/blocks/todayOh too late! You didn't close your eyes fast enough. There is none so blind as he who refuses to see. Ok. Where do you think that hashrate increase is coming from? They were previously mining BTC? Is it rented hashpower?
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jbreher
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lose: unfind ... loose: untight
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November 14, 2018, 09:33:45 PM |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. Nah, that name's been taken. Exactly. By the chain that wins the upcoming BCH hash battle. Bitcoin Cash implementing the SV consensus rules.
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RivAngE
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What doesn't kill you, makes you stronger
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November 14, 2018, 09:35:53 PM Last edit: November 14, 2018, 09:58:15 PM by RivAngE Merited by LoyceV (1), BTCMILLIONAIRE (1) |
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People wondering what's happening today, are confusing decentralised governance with decentralised prices. Most coins have decentralised governance by their nature, but it'll take some more years until BTC becomes price-decentralised; right now few people control a lot of wealth and there's not enough liquidity to support the price, one whale can manipulate it as they want it. As for today's fall, I don't believe Dr. Clown did it, he most likely wanted to make people FEAR that he might have tanked the market and that he has the power to do it again, that's why he tweeted this ( https://twitter.com/ProfFaustus/status/1062751765601361923) AFTER the price had fell.
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bitserve
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Self made HODLER ✓
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November 14, 2018, 09:37:08 PM Merited by JayJuanGee (1) |
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Can't wait until BCash SV gets forked. Wonder what they'll name it?
Bitcoin Cash. Nah, that name's been taken. Exactly. By the chain that wins the upcoming BCH hash battle. Bitcoin Cash implementing the SV consensus rules. The hashrate fight has not even started yet. All we are watching are preliminary intimidation movements. I would not count a winner just yet.
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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November 14, 2018, 09:37:29 PM |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. Believe it when we see it. How's 2/3 of the network - up from considerable minority days ago. https://cash.coin.dance/blocks/todayOh too late! You didn't close your eyes fast enough. There is none so blind as he who refuses to see. Ok. Where do you think that hashrate increase is coming from? They were previously mining BTC? Is it leased hashpower? Well, it is a fascinating question. And one to which I have no ready answer. I can imagine a number of possibilities, but they'd all be idle speculation. It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.
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JayJuanGee
Legendary
Online
Activity: 3780
Merit: 10533
Self-Custody is a right. Say no to"Non-custodial"
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November 14, 2018, 09:38:37 PM |
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Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did. You don’t like theymos much, do you? LOL Relevance? Never met theymos, so I don't have any basis upon which to like or dislike him or her. I was just pointing out that theymos' blanket statement was erroneous. Anyone can control bitcoin if they have enough money and the desire to do it. But who is stupid enough and has that much money to throw away? hash power=money.
In my experience, stupid people rarely amass much money. Lacking knowledge of the contrary, I would venture to speculate that an incidence of a stupid person amassing enough money to steer a $100B market is unprecedented. Just some of the things you’ve said in the past. Maybe I should change that to “agree with him” instead of like. Yes, it’s almost impossible to control $100b market by purchasing btc directly. Hash power is a lesser figure. Still tons of money but not $100b. Stupid people don’t amass much money? Have you heard of Donald Trump and Paris Hilton? Both born into it. What's your point? Bitcoin is easy to control. SEC disapproval of Winklevoss ETF: “The Winklevoss ETF proposal was rejected because the SEC found that the significant markets for Bitcoin tend to be unregulated overseas markets that are potentially subject to price manipulation.” Who gives a ratt's ass what SEC finds or says or approves or disapproves?
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HI-TEC99
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November 14, 2018, 09:39:55 PM |
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Craig Wright is tweeting literally every 10 minutes tonight
Dr Craig S Wright @ProfFaustus Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.
Sorry. You allowed Core to kill BTC.
I did try and stop you.
Fuck the lying bastard. He has a history of breaking his promises. Years ago he promised to transfer Bitcoin from “an early block” to prove he's Satoshi. He never did. He's taking the piss expecting people to believe his new bullshit.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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November 14, 2018, 09:40:21 PM |
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I dont care whether CSW, Jihan or Cobra wins the hash battle.
One Bcash shitcoin is much like another.
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jonoiv
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November 14, 2018, 09:42:10 PM |
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3 day RSI hit 30 then it seems to have rebounded a little.
calling the bottom, at least for now. I voted for below 6000 by close but not sure now.
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